MDstockmagic

MDstockmagic

mazagon doc given strong breakout followed by volume may move 361+++

MDstockmagic Updated 

Banknifty future respecting the channel and took the channel support near 37400-500 and given superb bounce.. now again at previous hurdle of 38000-38200 if this hurdle is crossed one can see more upmove towards 40000 Bias is positive till its in channel views are educational

MDstockmagic

nifty future too in a triangle and now range is contracting .. wait patiently for break of pattern

MDstockmagic Updated 

for BTCUSD on 31st march reminded that bulls needs to be cautious and look for profit booking near channel top,, as bears will get active bearish flag pattern formation on.. till now slipped from $46500 to $43386

MDstockmagic

banknifty future previous support of 38000-38200 now became multi time resitance with range contractions.. till it is in a triangle one shoult play support resistance with the pattern... bigger move expected once it breaks the pattern till than trade patiently... views are educational

MDstockmagic Updated 

#tatapower given range breakout after 5+ months consolidation for 4th wave in form of abcde now gearing up for 5th up wave volume is building up nominal hurdle around 283... if broken will move towards 320++ targets in long term views are educational

MDstockmagic

NIFTY in consolidation after hitting high near channel top 18115 down side 17700---17800 is the support zone based on following analysis: support : 20 ema : 17750 critical trend line (white) support near 17740 gap to fill support : 17688 note : LRHR (Low risk high reward opportunity ) will be finding selling opportunity near channel top and finding buy on dip...

MDstockmagic Updated 

Jkpaper given inverse head and shoulder breakout in weekly chart.. stocks look bullish and looks good for accumulation for long term perspective for targets of 400++ views are educational

MDstockmagic Updated 

Madras fertilizer previous all time high was 53.45 week ended with good price rally with volume... need weekly close above 53.45 for good rally towards 65++ views are educational

MDstockmagic

#MCX #copper till now respected the trend line and given and given move from 790 to 830 now this rising trend line levels comes around 815--813.. if copper breaks down this trend line and levels than it will move down towards 800----790 till it is respecting trend line no shorting... stay with patience views are educational

MDstockmagic

as analysed in previous post that nifty is moving up by taking support of critical white trend line and green channel.. and bulls need to be active here and they did it ... took nifty too channel top now immediate hurdle channel top 18100--200 and downside support 17700--600 Till now no weakness in trend ..

MDstockmagic

NIFTY respecting white trend line along with trading within upward green channel 17500-17400 support on downside and on upside immediate hurdle previous swing high at 17789 --795 till it is getting channel support and trend line support bias is positive with caution (as last leg of wave d (e) this impulse move should not slow down.. and bulls need to be...

MDstockmagic Updated 

Deepak nitrite looking very strong as 1. it has brokeout the trendline 2. huge volume came near 2100 3. broken the resistance with strong candle with huge volume it looks good for short term to medium term for 2400++ targets views are for educational purpose,, price volume study

MDstockmagic

paper stocks seen price rally with good volume .. ruchirapaper too gear up above 100 for 150++ targets study is based on price action views are educational

MDstockmagic Updated 

Dalbharat showing some volume activity.... near triangle breakout.. above 1500 ..... small hurdle near 1520--30 than it will move toards 1600 Lets wait for volume price breakout... views are educational

MDstockmagic Updated 

bulls need to be cautious now in BTCUSD... as bearish flag pattern formation is going on... As $48300-$48900 is the resistance on upside risk reward is not good on buying side till it breakouts from the flag channel...

MDstockmagic

KEI given breakout with volume from rounding bottom buy on dip mode

MDstockmagic

Hindalco negative diversion in MACD and RSI given early caution signal trendline breakdown given awesome down move of 5% now trend is sell on rise